Source: Cooperatives Working Together
Cooperatives Working Together (CWT) has accepted 9 requests for export assistance from Dairy Farmers of America, Michigan Milk Producers Association, Northwest Dairy Association (Darigold) and Tillamook County Creamery Association to sell 2.26 million pounds (1,025 metric tons) of Cheddar, Gouda, Monterey Jack cheese and 617,294 pounds (280 metric tons) of whole milk powder to customers in Asia, the Middle East, North Africa, South America and Oceania. The product will be delivered August 2014 through February 2015.
Year-to-date, CWT has assisted member cooperatives in selling 84.3 million pounds of cheese, 48.188 million pounds of butter and 20.494 million pounds of whole milk powder to 43 countries on six continents. These sales are the equivalent of 2.012 billion pounds of milk on a milkfat basis. Numbers are adjusted for cancelations that occurred during the month.
Assisting CWT members through the Export Assistance program, in the long-term, helps member cooperatives gain and maintain market share, thus expanding the demand for U.S. dairy products and the U.S. farm milk that produces them in the rapidly growing world dairy markets. This, in turn, positively impacts U.S. dairy farmers by strengthening and maintaining the value of dairy products that directly impact their milk price.
CWT will pay export assistance to the bidders only when delivery of the product is verified by the submission of the required documentation.
The Cooperatives Working Together (CWT) Export Assistance program is funded by voluntary contributions from dairy cooperatives and individual dairy farmers. The money raised by their investment is being used to strengthen and stabilize the dairy farmers’ milk prices and margins. For more information about CWT, visit www.cwt.coop.